Need to calculate estimated end date based on rate of spend

DamianK

New Member
Joined
Feb 5, 2023
Messages
5
Office Version
  1. 365
Platform
  1. Windows
I apologize if I missed threads that discuss this, but I'm trying to calculate the estimated end/depletion date of available money based on current rate of spend.

Here's the scenario (per example screenshot):

Column C has a list of PO's.
Column D-O shows amount of money spent against each PO in a given month (again, just an example)
Column P shows the remaining amount of each PO.
Column Q is what I'm trying to figure out.

I need to figure out the formula that calculates the estimated date Column P for each PO will reach zero.

Any help would be much appreciated!
 

Attachments

  • Excel Sample.jpg
    Excel Sample.jpg
    161.3 KB · Views: 30
Okay, I did not have that data so I needed to calculate it from the PO amount and the monthly payments. If you have another source for that column, that is okay. Actually, it is probably a good check to make sure your calculations balance out.
Regardless, the amount (however it is calculated) in column P is used by the calculation in column Q.. and as long as it works regardless of the source of the value in P you are good to go.
 
Upvote 0

Excel Facts

Enter current date or time
Ctrl+: enters current time. Ctrl+; enters current date. Use Ctrl+: Ctrl+; Enter for current date & time.
Okay, I did not have that data so I needed to calculate it from the PO amount and the monthly payments. If you have another source for that column, that is okay. Actually, it is probably a good check to make sure your calculations balance out.
Regardless, the amount (however it is calculated) in column P is used by the calculation in column Q.. and as long as it works regardless of the source of the value in P you are good to go.
Awesome! I'll respond if I continue having issues.
 
Upvote 0

Forum statistics

Threads
1,224,823
Messages
6,181,181
Members
453,022
Latest member
Mohamed Magdi Tawfiq Emam

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top